Why 4,173 Bureau De Change operators’ licences were revoked – CBN
On Friday, the Central Bank of Nigeria cancelled the licences of 4,173 Bureau De Change operators for failing to comply with…
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CBN revokes operational licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN) has revoked the operational licenses of more than 4,000 Bureau De Change (BDC) operators…
FULL LIST: 4,173 BDC Operators barred by CBN
The Central Bank of Nigeria (CBN) on Friday terminated the licenses of 4,173 Bureaux De Change Operators, accusing the affected…
NASS proposes N1 trillion capital base for CBN, single term for CBN…
The National Assembly has made strides with a proposal that could see the Central Bank of Nigeria’s (CBN) capital base soar to a…
Monetary policy reforms will check inflationary tide, FX distortions – CBN
The Central Bank of Nigeria (CBN) claims its current reforms will control increasing inflation and eliminate anomalies in the…
JUST IN: CBN raises Monetary Policy Rate to 22.75%
Nigeria's Central Bank has lifted the monetary policy rate (MPR) by 400 basis points to a record 22.75%.
CBN begins sales of dollars to BDCs
The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change…
CBN plans $10,000 annual limit on international school tuition from BDCs
The Central Bank of Nigeria (CBN) plans to introduce stringent measures on the purchase of foreign currencies through Bureau De…
CBN tells FX sellers of $10,000 and above to declare sources
The Central Bank of Nigeria (CBN) has announced that individuals selling foreign exchange to Bureau De Change (BDC) operators in…
Be patient, CBN working to strengthen Naira – Cardoso tells Nigerians
Governor of Central Bank of Nigeria, CBN, Dr. Olayemi Cardoso, yesterday, appealed to Nigerians for patience, assuring them that…